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People’s Leasing & Finance PLC Al-Safa Shines with Six Major Wins at Islamic Finance Forum of South Asia -IFFSA Awards 2025

October 19, 2025
in Business
Reading Time: 11 mins read
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People’s Leasing & Finance PLC Al-Safa Shines with Six Major Wins at Islamic Finance Forum of South Asia -IFFSA Awards 2025
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 People’s Leasing & Finance PLC’s Islamic Finance Unit, PLC Al-Safa, has reaffirmed its leadership in Sri Lanka’s shariah-compliant financial services sector by capturing six prestigious honours at the 10th Islamic Finance Forum of South Asia (IFFSA) Awards 2025, held at the Shangri-La Colombo. This milestone comes as the unit proudly marks two decades of service in the Islamic banking and finance industry.

Organised by UTO EduConsult, the IFFSA Awards are recognised as one of the region’s most respected platforms for celebrating innovation, impact, and strict adherence to shariah principles. Through a rigorous and transparent judging process, the awards highlight institutions and professionals that set benchmarks of excellence across South Asia’s Islamic finance landscape.

PLC Al-Safa’s achievements spanned both individual and institutional categories. Ahamed Fahmy Mohamed Faiz was honoured with the Gold award for Branch Executive of the Year, while Safra Firdhouse received the Silver award for Islamic Banker/Employee of the Year. The Puttalam Al-Safa Branch claimed Gold for Islamic Finance Branch of the Year, and the Digital Marketing Campaign of the Year earned another Gold. The unit further strengthened its reputation by winning Silver for Islamic NBFI Window/Unit of the Year and Bronze for Islamic Finance Window/Unit of the Year. In addition, PLC Al-Safa was specially recognized for its 20-year celebration to the Islamic banking and finance industry.

“We are truly grateful for this recognition, which highlights the hard work and creativity of our entire team,” said Fazmil Mowlana, Chief Manager – Islamic Finance & Digital Products at PLC Al-Safa. “Our focus continues to be on offering shariah-compliant financial solutions that not only meet customer needs but also set new standards for innovation and service excellence.”

Chief Executive Officer of People’s Leasing & Finance PLC, Sanjeewa Bandaranayake, added, “We are immensely proud of PLC Al-Safa’s accomplishments at the IFFSA Awards and of its many recent victories, including eleven prestigious honors at the SLIBFI Awards earlier this year. Our goal is to provide inclusive financial solutions that serve all communities, and we look forward to building on these successes.”

As Sri Lanka’s first full-service non-banking Islamic finance provider, PLC Al-Safa has been delivering trusted, shariah-compliant products and services since 2005. Over the past twenty years the unit has built a strong reputation for high-quality, customer-focused solutions, offering reliable alternatives for individuals and businesses seeking ethical financial services.

Photo caption: Left to Right- Mr. T. S. Sayar, Mr. M. J. M. Najath, Mr. M. F. M. Rila, Mr. T. M. Sakil, Mr. M. I. M. Sibnas, Mr. S.M.F.H.B. Mowlana, Mrs. A. H. I. Munthas, Mrs. F. S. Firdhouse, Mr. M. R. M. Ameen, and Mr. A. F. M. Faiz

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